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Philippines Business News

Local business and financial news scraped every 4 hours from BusinessWorld, PhilStar, Manila Times, Rappler, and more.

1861 articles from BusinessWorld

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BusinessWorld

A gift for the fans of Kathryn Bernardo

WHEN actress Kathryn Bernardo was chosen as the next muse for the wax museum Madame Tussauds’ Hong Kong branch, she officially became the youngest Filipino with a wax figure at the world-famous attraction. She dedicates the milestone to the fans who supported her on her two-decade journey, she told the press at the unveiling of […]

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BusinessWorld

Redefining nation-building through strategic sustainability

In the contemporary landscape of Philippine business, corporate social responsibility (CSR) has undergone a profound shift. No longer confined to the periphery of transactional philanthropy or seasonal disaster-relief handouts, impactful stewardship now demands deep structural alignment with environmental, social, and governance (ESG) principles. At the forefront of this developmental evolution stands the MVP Group of […]

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BusinessWorld

Entertainment News (07/14/26)

OFFSHORE MUSIC is now accepting pre-orders for a repressed white vinyl edition of Ultraelectromagneticpop! The 25th Anniversary Edition by popular OPM band Eraserheads.

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BusinessWorld

LANDBANK plans sustainability issuance

LAND BANK of the Philippines (LANDBANK) is planning to raise at least P5 billion from a sustainability-themed bond issuance early next year, its top official said. “We are looking to issue another sustainability peso bond. No specific amount in mind, but a minimum of P5 billion,” LANDBANK President Chief Executive Officer Lynette V. Ortiz said […]

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BusinessWorld

CAB further cuts airline fuel surcharge to Level 8

THE Civil Aeronautics Board (CAB) will reduce the airline passenger fuel surcharge to Level 8 for the July 16-31 period from Level 9 in the first half of the month, marking the sixth consecutive reduction under its revised 15-day review cycle. In an advisory issued on Monday, the CAB said airlines may impose a fuel […]

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BusinessWorld

Industrialization begins in the university

The Philippines has long aspired to industrialize. We seek manufacturing revival, technology upgrading, export competitiveness, innovation, food security, energy transition, and better jobs. We want to move beyond a consumption-driven, service-heavy economy toward one that produces more, processes more of its own raw materials, develops more technology, and creates higher-value employment for Filipinos. But one […]

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BusinessWorld

BDO closes bond offering early amid robust demand

BDO UNIBANK, Inc. ended its offering of 1.5-year ASEAN Sustainability Bonds on Friday, just a day after the public sale began, as it saw strong market demand. The Sy-led bank closed the public offer period before the original July 21 schedule amid robust demand from both retail and institutional investors, it said in a disclosure […]

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BusinessWorld

US firm begins native hydrogen exploration in Philippines

US-BASED Koloma, Inc. has begun exploring for naturally occurring hydrogen in the Philippines and is expected to invest up to $9 million (around P554 million) to advance the country’s first native hydrogen exploration project to the drilling stage by yearend, the Department of Energy (DoE) said. At a briefing on Monday, Energy Secretary Sharon S. […]

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BusinessWorld

Is Scarborough fair? Bajo de Masinloc continues to be a litmus test for the rule of law

RECENT NEWS of a Chinese research vessel towing, according to Philippine authorities, a movable platform out and back into Scarborough Shoal (Bajo de Masinloc) should be a cause for alarm for Filipinos.

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BusinessWorld

Megaworld raises P5.6B for township projects

TAN-LED Megaworld Corp. has raised P5.6 billion through block sales of shares in MREIT, Inc. from April to July to fund new developments ahead of the real estate investment trust’s (REIT) fifth asset infusion. In a statement on Monday, Megaworld said the proceeds will be reinvested in recurring income-generating projects across its township developments. “Our […]

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BusinessWorld

Keppel Philippines Holdings, Inc. to conduct 2026 Annual Meeting of the Stockholders via remote communication on Aug. 13

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com. Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get exclusive content through www.bworld-x.com.

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BusinessWorld

Peso weakens on Middle East clashes

THE PESO depreciated against the dollar on Monday as players sought safety after the United States and Iran traded attacks anew, clouding prospects for a definitive peace deal. The currency declined by 8.4 centavos to close at P61.599 per dollar from P61.515 on Friday, according to data published on the Bankers Association of the Philippines’ […]

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BusinessWorld

Landco Pacific Corp. and Landco Lifestyle Ventures champion environmental stewardship through John Hay Hotels in Baguio

Advancing destination stewardship through conservation, community partnerships, and responsible hospitality Landco Pacific Corporation and Landco Lifestyle Ventures (LLV), the hospitality and leisure real estate arm of the Metro Pacific Investment Corporation (MPIC Group), reinforced their commitment to environmental stewardship through John Hay Hotels, planting 300 trees and supporting the distribution of 500 Benguet pine seedlings […]

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BusinessWorld

LRT-2 adopts open-loop fare payment system

LIGHT RAIL TRANSIT Line 2 (LRT-2) commuters can now use eligible bank cards, Near Field Communication (NFC)-enabled mobile wallets, and GCash QR to pay fares after the rollout of what its partners described as the country’s first rail-based automated fare collection system integrating open-loop Europay, Mastercard and Visa (EMV) card payments, mobile NFC, and QR […]

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BusinessWorld

EU backs binding SCS Code as group bucks Chinese scholars’ Batanes claim

THE European Union (EU) on Monday renewed its call for a legally binding Code of Conduct in the South China Sea (SCS) anchored on international law, while a Philippine think tank warned that Chinese academics’ claim over Batanes reflects Beijing’s broader effort to expand its territorial narrative despite the 2016 arbitral ruling. “The EU reiterates […]

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BusinessWorld

Marcos to study whether to release Duterte tax records for ouster trial

PRESIDENT Ferdinand R. Marcos, Jr. will study whether to authorize the release of Vice-President Sara Duterte-Carpio’s tax records if the Senate requests access to them for her impeachment trial, Malacañang said on Monday. Palace Press Officer Clarissa A. Castro said the Office of the President has not received a request from the Senate to open […]

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BusinessWorld

NBI seeks charges against Ateneo coach, 11 others in athletes’ drowning deaths

THE National Bureau of Investigation (NBI) has referred to the Department of Justice (DoJ) its findings recommending criminal charges against 12 people, including members of Ateneo de Manila University’s basketball coaching staff, over the drowning deaths of two student-athletes during a team-building activity in Aurora province last month. Justice Secretary Fredderick A. Vida on Monday […]

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BusinessWorld

Marcos inaugurates Camiguin port upgrades

THE GOVERNMENT on Monday opened facilities at the Port of Benoni in Camiguin province, seeking to ease transport bottlenecks and curb illegal ticket “fixers” as visitor arrivals continue to climb and passenger traffic is projected to approach one million annually by 2030. President Ferdinand R. Marcos, Jr. led the inauguration of the P171.3-million Port Operations […]

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BusinessWorld

Marcos to boost ties in SG visit

PRESIDENT Ferdinand R. Marcos, Jr. is scheduled to travel to Singapore (SG) from July 14 to 16 for a working visit aimed at strengthening bilateral ties ahead of the city-state’s Association of Southeast Asian Nations (ASEAN) chairship next year. “This is part of the government’s push for stronger bilateral relations between the Philippines and Singapore, […]

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BusinessWorld

Herbosa resigns as Health chief

PRESIDENT Ferdinand R. Marcos, Jr. on Monday appointed Jose “Brix” S. Pujalte, Jr. to lead the Department of Health (DoH), Malacañang said after Secretary Teodoro J. Herbosa resigned from his post due to health reasons. At a briefing, Palace Press Officer Clarissa A. Castro announced the appointment, saying that Mr. Pujalte brings extensive experience and […]

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BusinessWorld

PSEi edges lower as US, Iran exchange attacks

PHILIPPINE SHARES dropped on Monday as investors chose to stay on the sidelines amid a lack of fresh leads and as they continue to monitor geopolitical developments. The Philippine Stock Exchange index (PSEi) dropped by 0.33% or 20.98 points to close at 6,265.72 on Monday, while the broader all shares index fell by 0.29% or […]

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BusinessWorld

ERC: No ‘blanket pay-first’ rule

THE Energy Regulatory Commission (ERC) clarified that there is no “blanket pay-first” policy requiring consumers to settle disputed electricity bills before their complaints are resolved. In a statement on Monday, the ERC said disputes are handled on a case-by-case basis under the Magna Carta for Residential Electricity Consumers (MCREC). “In sum, the ERC applies the […]

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BusinessWorld

DoJ’s maritime law unit to bolster arbitral award gains, Vida says

THE Department of Justice (DoJ) on Monday said it has established a dedicated maritime law unit to consolidate legal expertise on maritime issues and help sustain the Philippines’ gains from the landmark 2016 South China Sea arbitral ruling. Justice Secretary Fredderick A. Vida said the unit, which operates under the DoJ’s Legal Services, would serve […]

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BusinessWorld

BSP partners with BDO Foundation, Tagbilaran City amid financial educ push

THE Bangko Sentral ng Pilipinas (BSP) has signed a memorandum of agreement (MoA) with BDO Foundation and the Tagbilaran City government for a partnership to advance financial literacy. “The MoA formalizes cooperation in implementing financial education (fin-ed) initiatives that will help Boholanos make informed financial decisions, build financial health, and improve their economic well-being,” […]

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